There isn’t much we can conclude following these numbers. The jury is still out! Management are continuing with their strategy – as we described in the note – of growing the business through the opening of “own retail” stores. This is certainly driving good growth (especially in EM where there is less established sports retailers)….
ING under pressure this morning. Feels like a decent seller early and this is an opportunity. Should be higher. Call reinforcing the bull points. Especially on the divi, buy the weakness
Steepest quarterly decline in non-food sales in 4 years. However increased margin outlook which was a worry for the street. Decent short interest. Closing for a 6.5% loss. Ouch! OVER TO ABF TOMORROW Monday • 03 November 2014 • 11:54 Over to ABF tomorrow. Most people seem to have massive faith in Primark to…
Has done nothing this week. Was all about the liquidity event and a week of road shows following great numbers. Closing +8.45%. GREAT NUMBERS & CC Friday • 24 October 2014 • 16:03 Great numbers from Shire – CC went well. They are on the road next week and we are likely to see…
Closing Short ABF, Running MKS Crazy morning in ABF We will buy back our short at 2660 or better this morning and book a 3.39% return Was hoping for alot more after the lack of growth in numbers Don’t mess with Primark the lesson today Mon, 03 Nov 2014 11:54 Over to ABF…
Over to ABF tomorrow Most people seem to have massive faith in Primark to avoid any weather slowdown We would stay short into numbers tomorrow Then over to MKS on Wednesday Wed, 29 Oct 2014 07:49 Next called down 3-5% Poor numbers but we knew about Q3 The Q4 cut is a surprise.Should…
Closing Sanofi long, -3%. Completely spooned it over these numbers and CEO fiasco. Had traded nicely since March. EPS D/G Tuesday • 28 October 2014 • 09:51 PS d/g fine on this but not this much. Growth in diabetes (lantus) is fine and Sanofi been going the right way for the last few yrs…
Next called down 3-5% Poor numbers but we knew about Q3 The Q4 cut is a surprise.Should weigh on MKS and ABF this morning Tue, 28 Oct 2014 13:47 Short trading call SHORT MKS and ABF into NEXT numbers tomorrow Weather related warning is coming tomorrow from Next, has been far too…
Short trading call SHORT MKS and ABF into NEXT numbers tomorrow Weather related warning is coming tomorrow from Next, has been far too warm in the UK
EPS d/g fine on this but not this much Growth in diabetes (lantus) is fine and Sanofi been going the right way for the last few yrs and positive FX tailwinds to come through in Q4 for me Down 7% I would buy them.The Q+A at 1.30 will be key One of our longs since…